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We expect TN to trend upwards today with a 80% chance.

We expect a $210 movement on TN within 48 hours following the release of KOF Leading Indicators at 2022-12-30 08:00. We expect TN to trend upwards 48 hours following the event release at 2022-12-30 08:00 if the released value is > 90.5. A price movement of 178 pips is expected.

Historical events that allowed us to draw this conclusion

30 Sep 07:00
30 Jun 07:00
28 Jan 08:00
30 Dec 08:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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We expect a $290 movement on NZDUSD within 48 hours following the event release at 2022-12-30 08:00.

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